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Updated RecentlyFun News vs velofix Group of Companies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fun News vs velofix Group of Companies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,095 - And Up | $169,200 - $202,700 |
| Franchise Fee | $1,095 | $25,000 |
| Royalty Fee | 0 | 8% |
| Advertising Fee | 0 | 2% |
| Year Founded | 2008 | 2012 |
| Year Franchised | 0 | 2013 |
| Term Of Agreement | none | - |
| Term Of Agreement | none | - |
| Renewal Fee | none | - |
Business Experience Requirements |
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| Experience | Having enabled 100's of entrepreneurs to enter and establish their own home based publishing businesses make me qualified to teach my business expertise to others. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Personal 1 on 1 training with the owner, software included, graphics arts taught via Skype lessons, media layout, bulk mailing, printing instruction all provided. | On-The-Job Training: 17 hours Classroom Training: 24 hours |
| Support | Support is ongoing for as long as needed. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 397 to date | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Fun News
I have enabled 100's to start profitable franchise style magazines and newspapers often costing 100K and more with no fees other than paying for my instructional time. I teach entrepreneurs to publish and produce their own generic targeted mail advertising medias. All style and types. Most will emulate my own successful business model (Discount Clipper) which is a direct mailed targeted advertising vehicle encompassing advertising from all types of businesses. Similar in nature to the Clipper magazine.